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Renewable Energy Market

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    Report

  • 46 Pages
  • May 2025
  • Region: Global
  • MarketLine
  • ID: 5752454
Global Renewable Energy industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Renewable energy market includes net generation of electricity through renewable sources. Market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
  • The global renewable energy market recorded revenues of $552.59 billion in 2024, representing a compound annual growth rate (CAGR) of 6.5% between 2019 and 2024.
  • Market production volume increased with a CAGR of 7.7% between 2019 and 2024, reaching a total of 8,979,789.5 GWh in 2024.
  • Globally, the climate and pollution goals have significantly supported the growth of its renewable energy market by driving a structural shift away from fossil fuel dependence. According to the US Energy Information Administration (EIA), in 2024, the proportion of fossil fuels in total power generation in China reached 65.5%, down from 66.1% in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global renewable energy market
  • Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global renewable energy market with five year forecasts

Reasons to Buy

  • What was the size of the Global renewable energy market by value in 2024?
  • What will be the size of the Global renewable energy market in 2029?
  • What factors are affecting the strength of competition in the Global renewable energy market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's renewable energy market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. China Three Gorges Corp
8.2. Enel Green Power SpA
8.3. Iberdrola SA
8.4. NextEra Energy Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Global renewable energy market value: $ million, 2019-24
Table 2: Global renewable energy market volume: GWh, 2019-24
Table 3: Global renewable energy market category segmentation: % share, by value, 2019-24
Table 4: Global renewable energy market category segmentation: $ million, 2019-24
Table 5: Global renewable energy market geography segmentation: $ million, 2024
Table 6: Global renewable energy market value forecast: $ million, 2024-29
Table 7: Global renewable energy market volume forecast: GWh, 2024-29
Table 8: China Three Gorges Corp: Key Facts
Table 9: China Three Gorges Corp: Key Employees
Table 10: Enel Green Power SpA: Key Facts
Table 11: Enel Green Power SpA: Key Employees
Table 12: Iberdrola SA: Key Facts
Table 13: Iberdrola SA: Annual Financial Ratios
Table 14: Iberdrola SA: Key Employees
Table 15: NextEra Energy Inc: Key Facts
Table 16: NextEra Energy Inc: Annual Financial Ratios
Table 17: NextEra Energy Inc: Key Employees
Table 18: Global Exchange Rate, 2019-24
List of Figures
Figure 1: Global renewable energy market value: $ million, 2019-24
Figure 2: Global renewable energy market volume: GWh, 2019-24
Figure 3: Global renewable energy market category segmentation: $ million, 2019-24
Figure 4: Global renewable energy market geography segmentation: % share, by value, 2024
Figure 5: Global renewable energy market value forecast: $ million, 2024-29
Figure 6: Global renewable energy market volume forecast: GWh, 2024-29
Figure 7: Forces driving competition in the global renewable energy market, 2024
Figure 8: Drivers of buyer power in the global renewable energy market, 2024
Figure 9: Drivers of supplier power in the global renewable energy market, 2024
Figure 10: Factors influencing the likelihood of new entrants in the global renewable energy market, 2024
Figure 11: Factors influencing the threat of substitutes in the global renewable energy market, 2024
Figure 12: Drivers of degree of rivalry in the global renewable energy market, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • China Three Gorges Corp
  • Enel Green Power SpA
  • Iberdrola SA
  • NextEra Energy Inc